NOT LISTED FOR SALE

524 S State St Marengo, IL 60152

Estimated Value: $289,000 - $344,000

6 Beds
6 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold May 16, 2018

Last sale price $229,000

Est. 35% increase in value since last sale

Current estimated payment $2,169/month

173 Days on Market

Highlights

  • Multiple Garages
  • 3 Car Attached Garage
  • Heating Available

About This Home

As of May 2018

Great investment opportunity!!! Three- two bed, one bath units.

Last Agent to Sell the Property

David Wolf

Wolf Realty II LLC License #471012589 Listed on: 10/19/2017

Co-Listed By

Donald Wolf

Wolf Realty II LLC License #475081626

Last Buyer's Agent

Matt Lysien

Suburban Life Realty, Ltd License #471003181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,752

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x154

Parking

  • 3 Car Attached Garage
  • Multiple Garages

Home Design

  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 6 Bathrooms

Basement

  • Crawl Space

Utilities

  • Heating Available
  • Private Water Source

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $18,385
  • Net Operating Income $18,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,752

Year Built

Built in 1983

Lot Details

10,019 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1983
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Private

Fee Information

  • Other Expenses $: 8495

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 66X154
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 20

Multi Family

  • Net Operating Income: 18385
  • GrossIncome: 18385
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5752.32
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2012
Sold by
Hertel Dale G and Hertel Genevie M
Bought by
Wences Yimer and Wences Irene
Current Estimated Value
$308,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,750
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wences Yimer $229,000 Wheatland Title Guaranty
Hertel Dale G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wences Yimer $171,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2018 05/16/18 Sold $229,000 -6.6% --
04/10/2018 04/10/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $245,133 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,529 $86,042 $13,465 $72,577
2023 $6,414 $75,848 $11,870 $63,978
2022 $6,153 $68,591 $10,734 $57,857
2021 $5,759 $62,497 $9,780 $52,717
2020 $5,680 $59,475 $9,307 $50,168
2019 $6,030 $56,353 $8,818 $47,535
2018 $5,625 $52,785 $8,260 $44,525
2017 $5,468 $50,000 $7,824 $42,176
2016 $5,752 $50,512 $7,310 $43,202
2013 -- $49,421 $7,153 $42,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09782401

Midwest Real Estate Data (MRED)

APN: 11-35-429-026

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